Stanley Black & Decker Q3 Profit Up; EPS Down; Raises FY10 EPS View – Update

Stanley Black & Decker Q3 Profit Up; EPS Down; Raises FY10 EPS View – Update
Tool maker Stanley Black & Decker reported Wednesday a sharp increase in third-quarter profit, as revenues jumped significantly, helped by the acquisition of Black & Decker. Meanwhile, earnings per share decreased from last year on higher share count. The company also raised its 2010 full-year earnings per share outlook above consensus. For the third quarter, net income attributable to the New …

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